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The following information pertains to the Fan Company's inventory item B1008: March 1 Inventory Balance 200 units @ $ 3.10 5 Purchase 1,400 units @
The following information pertains to the Fan Company's inventory item B1008:
March | 1 | Inventory Balance | 200 | units | @ | $ | 3.10 | |
5 | Purchase | 1,400 | units | @ | $ | 3.20 | ||
14 | Purchase | 480 | units | @ | $ | 3.25 | ||
31 | Inventory Balance | 620 | units |
In a periodic inventory system, the LIFO cost of goods sold is:
Group of answer choices
$4,675
$4,745
$4,696
$4,652
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